Money Mastermind Show

MMS023: What’s Your Retirement Number?


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Ahh, retirement! Seems like a wonderful place to be. But if we don't figure out the number we need to aim for in retirement then it might not be as fun as we'd like. Join us and our special guest Todd Tresidder of FinancialMentor.com as we discuss retirement and how to figure out your retirement number.

Show Notes: http://moneymastermindshow.com/episode23/

Some important points from this episode:

When Social Security was implemented, the average life expectancy was 65. It's no secret why the age was set at 65. It was never intended to be a perpetual retirement system
For a couple that retires healthy at age 65, they can expect at least one spouse to live into their 90s. It can be tough to amortize assets over a 30 year period like that.
A cash flow model for retirement income is a necessity for many people.

Links, Tools, and Programs To Help You Figure Out Your Retirement Number

Financial Mentor

Panelists In This Episode:

Special Guest: Todd Tresidder | http://financialmentor.com
Glen Craig | Free From Broke
Kyle Prevost | Young and Thrifty
Miranda Marquit | Planting Money Seeds
Peter Anderson | Bible Money Matters
Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

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Money Mastermind ShowBy Tom Drake, Miranda Marquit

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